Every year, the Government raises around £1 trillion in revenue from taxes. The lion’s share, according to the Institute for Fiscal Studies (IFS), comes from income tax and National Insurance.

Two million UK taxpayers are at risk of falling into a 60% tax trap this year unless they take action to avoid it. HMRC figures obtained by wealth manager Rathbones show the tax burden poised to ...

A £50bn gap in the public finances could leave ordinary Brits paying more tax 💸 Chancellor Rachel Reeves has warned that “each of us must do our bit” ahead of the Autumn Budget on November 26, ...

Malcolm Offord promised if Reform UK took power in Holyrood its first move on income tax would be to realign Scotland’s rates and bands with ...

Tax returns are changing ...